Saturday May 30, 2020

Lender Capital Flow set to become Ireland’s first challenger bank

Bank is the brainchild of former Close Brothers executive Harry Parkinson

10th April, 2016
Ronan Horgan is set to head new bank Capital Flow Pic: RollingNews.ie

Ireland is to get its first ‘challenger’ bank with the arrival of €200 million lender Capital Flow into the lending market.

Capital Flow is the brainchild of former Close Brothers executive Harry Parkinson.

It is understood to be backed by British private equity fund Pollen Street Capital, which has injected between €40 million and €50 million into the firm, it is understood.

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